Laws calm legal forms guide form b dash 6e schedule ii creditors holding unsecured priority clients during the bankruptcy process you will need to complete several forms documenting your assets and debts to the coordinating court system one of these forms is Schedule II on this particular form you will list all of your unsecured creditors that have a distinct priority over your other creditors in essence these debts that you possess are of the unsecured variety meaning that they are not backed by some form of asset that would be seized as collateral if a foreclosure or default is present when you list your preferred creditors meaning those lenders who possess a distinct priority over the others they will receive some proceeds from the sale of your assets if there are any there are numerous types of unsecured priority claims that you may owe in general this will include taxes debts owed to governments domestic support obligations' child support obligations wages and salaries in the case of small business owners declaring bankruptcy and other debts if you possess any of these debts you are required to complete schedule ii filling out schedule ii when filling out form b dash 6e schedule ii you must check the box of the type of priority claim you have the majority of bankruptcy forms will provide specific examples and definitions for each type of debt listed on the third page after you have listed the credit types you possess you must list the creditors name and address as well as you're coordinating account numbers in the next two columns you must list if a co debtor is present in this respective relationship next select if the debt is contingent unliquidated or disputed contingent simply means that you owe the debt only if something happens first such as a third party owes the funds, and you are the cosigner of the debt unliquidated debt means that you expect to have to pay the dead, but you do not know the amount of the debt following the input of this information list the amount entitled to the priority and all amounts not entitled to priority if you owe the creditor an amount, but only a portion of that debt is a priority claim list the difference in this section to watch more videos please make sure to visit laws calm
